RANKIN MATTHEW M 4
4 · NACCO INDUSTRIES INC · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
NACCO (NC) Director Matthew M. Rankin Receives 563-Share Award
What Happened
Matthew M. Rankin, a director of NACCO Industries, was granted 563 shares of Class A Common Stock on April 1, 2026. The grant is reported as an acquisition (award) under the company’s Non-Employee Directors' Equity Compensation Plan; no per-share purchase price is reported because these are compensation shares rather than an open-market trade.
Key Details
- Transaction date: 2026-04-01. Transaction type: Award/Grant (code A).
- Shares granted: 563 Class A common shares. Price: N/A (compensation award).
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes:
- F1: Shares awarded as "Required Shares" under the Non-Employee Directors' Equity Compensation Plan.
- F3: Some shares are held through a trust for the benefit of the reporting person.
- F4–F9: Filing includes disclosures that certain other shares are held by spouse, trusts, or via limited partnership interests and that Rankin disclaims beneficial ownership of shares owned by others under a long-standing stockholders’ agreement (including group status under F5).
- Filing timeliness: Report filed the same day as the reported transaction (no late filing indicated).
Context
This was a routine director compensation award rather than an open-market purchase or sale. Such awards are common as part of non-employee director pay and do not by themselves indicate a buy/sell signal. The filing includes standard ownership-disclaimer notes about shares held in trusts, by a spouse, and under a stockholders’ agreement.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-04-01+563→ 37,306 total(indirect: By Trust)
- 722(indirect: By Spouse)
Class A Common Stock
[F4] - 2,058(indirect: By Spouse)
Class A Common Stock
[F5][F6] - 645(indirect: By Trust)
Class A Common Stock
[F7] - 4,384(indirect: By Trust)
Class A Common Stock
[F8] - 500
Class A Common Stock
[F5] - 7,637(indirect: By RAII)
Class A Common Stock
[F5][F9] - 563(indirect: By Trust)
Class A Common Stock
[F7] - 4,236(indirect: By Trust)
Class A Common Stock
[F8]
Footnotes (9)
- [F1]Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
- [F2]N/A
- [F3]Held through a trust for the benefit of Reporting Person.
- [F4]Held by Spouse. Reporting Person disclaims beneficial ownership of all such shares.
- [F5]As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement"), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.
- [F6]Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L. P. Reporting Person disclaims beneficial ownership of all such shares.
- [F7]Held by Trust for Reporting Person's minor child. Reporting Person and Reporting Person's brother, James T. Rankin are co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares.
- [F8]Shares represent the Reporting Person's minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Shares held by Reporting Person as co-trustee with PNC Bank. Reporting Person disclaims beneficial ownership of all such shares.
- [F9]Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .